NOT LISTED FOR SALE

308 78th St Unit East Avalon, NJ 08202

Avalon Area

Estimated Value: $2,035,000 - $2,574,000

5 Beds
3 Baths
1,872 Sq Ft
$1,220/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2023

Last sale price $1,900,000 $1,015 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $12,859 / mo

18 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Cathedral Ceiling
  • Avalon Elementary School Rated A
  • Island Location
  • Furnished

About This Home

As of December 2023

Security system is not in use.

Last Agent to Sell the Property

Daniel Bowersock

FERGUSON-DECHERT, INC Listed on: 10/15/2023

Last Buyer's Agent

Craig Worton

COMPASS RE - Avalon Dune License #0121699

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 2003

Interior Spaces

  • 1,872 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Storage Room
  • Tile Flooring
  • Water Views
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Community Deck or Porch
  • Fire and Smoke Detector

Listing and Financial Details

  • Legal Lot and Block 6.308 / 78.05

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,550

Year Built

Built in 2003

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Location: Inside Lot, Island
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2003
  • Bay Proximity: 1 Block
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Burglar Alarm, Smoke/Fire Detector, 1777
  • Number Of Stories: Three
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Estimated Living Sq Ft: 1872
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Storage Space

Garage/Parking

  • Parking: Auto Door Opener, Garage, 1 Car, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Cable TV, Outside Shower
  • Unit Features: Fireplace, Cathedral Ceiling, Foyer, Tile Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 6.308
  • Zoning: Res

Tax Info

  • Taxes: 4550
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2023
Closed on
Dec 8, 2023
Sold by
Bought by
Seller's Agent
Daniel Bowersock
FERGUSON-DECHERT, INC
Buyer's Agent
Craig Worton
COMPASS RE - Avalon Dune
List Price
$1,949,000
Sold Price
$1,900,000
Premium/Discount to List
-$49,000
-2.51%
Views
14
Current Estimated Value
$2,284,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,761
Avg. Annual Appreciation
7.23%
Original Mortgage
$1,110,000
Interest Rate
0.0713%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Interest Rate
0.0447%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,900,000 Shore Title
$950,000 None Available
$1,350,000 Title Alliance
$999,000 Stewart Title Guaranty
$745,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,110,000
Previous Owner $799,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $1,900,000 -2.5% $1,015 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/15/2023 10/15/23 For Sale $1,949,000 -- $1,041 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $4,919 $801,200 $525,000 $276,200
2025 $4,919 $801,200 $525,000 $276,200
2024 $4,919 $801,200 $525,000 $276,200
2023 $4,879 $801,200 $525,000 $276,200
2022 $4,551 $801,200 $525,000 $276,200
2021 $4,383 $801,200 $525,000 $276,200
2020 $4,214 $801,200 $525,000 $276,200
2019 $4,086 $801,200 $525,000 $276,200
2018 $3,910 $801,200 $525,000 $276,200
2017 $5,018 $902,500 $650,000 $252,500
2016 $4,964 $902,500 $650,000 $252,500
2015 $4,883 $902,500 $650,000 $252,500
2014 $4,828 $902,500 $650,000 $252,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 232857

Cape May County Association of REALTORS®

APN: 01-00078-05-00006-308

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